If you’re using tax preparation software, the software will do this automatically for you once you mark that the filer is deceased and enter the date of death. You would also mark the decedent ...
Two tax preparers submitted $65 million in false claims for refunds under programs designed to help businesses during the COVID-19 pandemic, federal prosecutors in Tennessee said Wednesday.
A capital loss occurs when you sell a capital asset for less than you bought it. Capital losses can reduce your taxable income. Read on to learn how to put them to use.